by AIP Online Bureau | Sep 15, 2022 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life
The chaos over the past few days has raised questions over poor urban planning as the fast-growing city expanded over the years, and on climate change, which has also been blamed for disastrous floods in neighbouring Pakistan The city administration has identified...
by AIP Online Bureau | Sep 15, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Twenty-two countries show a majority reporting that they have already been severely impacted by climate change, including nine countries where it exceeds two-thirds of all those surveyed: Mexico (75 per cent), Hungary (74 per cent), Turkey (74 per cent), Colombia (72...
by AIP Online Bureau | Sep 15, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Technology
The lethality of the virus can be gauged from the fact that it can collect keystrokes, steal cookies, intercept multi-factor authentication (MFA) tokens, take screenshots and record video from a webcam and can perform gestures like screen click, swipe etc. using...
by AIP Online Bureau | Sep 15, 2022 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance
Vishwajeet Kadam The Indian Surety insurance business will assist in developing an alternative to bank guarantees for construction projects. This shall enable the efficient use of working capital and reduce the requirement of collateral to be provided by...
by AIP Online Bureau | Sep 15, 2022 | International News, Non-Life, Policy, Regulation, Reinsurance, Technology, Workplace/Employee Benefits
New rules from the European Commission called the Cyber Resilience Act, set to become public next week, are aimed at improving the security of devices in the face of surging online attacks across the globe. Damages from software and hardware cybercrime amounted to...
by AIP Online Bureau | Sep 15, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Life
“We have been at it for quite some time. It is also a first of its kind transaction where through a bidding route we will be privatising a bank. Both government and LIC put together hold 94 per cent in IDBI Bank,” he said while addressing ‘FICCI...
by AIP Online Bureau | Sep 15, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
A consequent rise in interest rates to combat inflation contributed to a loss of £1.8 billion in the first six months of the year at Lloyd’s, Neal said. The decline in profit was attributed to a net investment loss of £3.1 billion from unrealized mark-to-market...
by AIP Online Bureau | Sep 15, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
“We are not there yet. But the end is in sight,” WHO Director-General Tedros Adhanom Ghebreyesus told reporters at a virtual press conference. Deaths from COVID-19 last week were the lowest since March 2020, the U.N. agency reported The world has never...
by AIP Online Bureau | Sep 15, 2022 | Eco/Invest/Demography, International News, Life, Wealth Management/ Philanthropy
AIG said it sold 80 million Corebridge shares at $21 per share, which was at the lower end of their indicated target range of $21 to $24 per share The IPO values Corebridge at $13.6 billion. All proceeds of the IPO will go to AIG and the new company is not raising new...
by AIP Online Bureau | Sep 15, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Technology
New Delhi: Road Transport Minister Nitin Gadkari on Wednesday said majority of automobile manufacturers in India are already exporting cars with six airbags, and there is a need to adopt similar safety norms for cars in the country, stressing that they should also...
